© 2016 Global Market Insights, Inc. USA. All Rights Reserved Sodium Tripolyphosphate Market Share and Forecast Sodium Tripolyphosphate Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Italy, China, Australia, India, Japan, Indonesia, Argentina, Brazil, Saudi Arabia, UAE, Kuwait, ), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Sodium Tripolyphosphate Market size is an inorganic compound extensively used in cleaning applications as a detergent builder. Global sodium tripolyphosphate consumption was more than 3 million tons in Strong potential applications in detergent, food, ceramic and animal feed industry will fuel the demand. Global food additives market was more than USD 30 billion in Extensive usage in food additives, baking, food preservatives and processing support the sodium tripolyphosphate market growth in food industry. Increasing household detergent consumption along with rise in laundry technologies will drive the demand in the forecast period. Global Market Scenario of Sodium Tripolyphosphate
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Sodium tripolyphosphate is widely used in household as well as industrial cleaning process. Detergent builder is the major contributor of the overall STTP consumption. High application scope in ceramics, leather tanning and textile industries will positively influence the sodium tripolyphosphate market. Superior buffering properties, dispersing dirt particles and emulsifying fats are the considerable factors enhancing the product consumption.. Regional Trends:- North America, driven by the U.S. sodium tripolyphosphate market will witness high gains in the forecast period with the presence of major manufacturers. Increasing usage in laundry detergent, industrial detergent and dishwasher detergent are the driving factors of the regional demand. Stringent regulations particularly in Europe along with large presence of substitutes may hamper the sodium tripolyphosphate market size.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Competitor Analysis:- Environmental effects including aquatic ecology and soil effects are also crucial aspects of the industry growth. Production capacity expansions in the emerging economies, supply agreements and mergers & acquisitions are the major strategies adopted by the companies. These strategies improve the geographical coverage, enhance distribution network and market position. Other considerable industry participants include ABCR GmbH, CheMall Corporation, ParChem, Tianyuan Group, Guizhou Zhongshen Phosphates Chemical, SDIC and Yuntianhua Group.
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